SIDBI Recruitment 2017 – Apply for Specialist Officers and Consultant Positions. Small Industries Development Bank of India (SIDBI) has revealed a job notification in its website, to promote the growth of this bank further. The objective of this notification is to select fitting Indian candidates for Specialist Officers (Grade A/ B) and Consultant (contract) positions.

SIDBI Recruitment 2017

No reservations are made for PWD candidates but they may also apply, by notifying the condition that they should work in the respective Post/ Centre as bank allots. Selected individuals should sign a service bond stating that he/ she will work in this bank for 3 years (minimum) or they should pay Rs.200000/- as penalty to SIDBI.

Hired candidates will act as probationer for 2 – 4 years duration, as per their satisfactory performance. Also, they are liable to be transferred in any of the bank’s offices, during their service. Aspirants qualified in JAIIB/ CAIIB shall get increment in salary as per bank rules. The eligibility conditions and applying procedure are elaborated in below section.

About SIDBI:
Small Industries Development Bank of India (SIDBI) is a financial institution that has been organized to promote, finance and develop Indian MSME sector. The Vision of this Bank it to strengthen MSME sector and make it as a global competitor. SIDBI believes that its human resources and technology is the key factor for its current success.

Organization

Small Industries Development Bank of India (SIDBI)

Designation

Assistant Manager,Private Secretary , Manager

Vacancy Nos

08

Last Date

05-07-2016

Education

MBA/ CA/ UG/ PG

Stream Wise Vacancies in SIDBI

Post Code

Designations

Streams

Posts

03

Assistant Manager (Grade – A)

Security

2

07

Private Secretary (Grade – A)

Secretarial

3

09

Manager (Grade – B)

Premises Electrical Engineer

1

10

Economist

1

05

Consultant

Merchant Banking

1

Total Vacancies

8

Qualifications Required to Apply on SIDBI

The qualifications given below vary based on the Specialist Officer/ Consultant designations you apply. Individuals those who had completed MBA/ CA/ Graduation/ Post Graduation in relevant fields from recognized university are eligible to apply.

Also, aspirants applying for Private Secretary Designation must have passed Stenography (lower) and Typewriting (Senior) in English from recognized institution.

SIDBI Recruitment 2017 Eligible Experiences

Persons applying for SIDBI Recruitment 2017 should have obtained 2 to 5 years of working experience (varies based on designation) in concerned areas from reputed organization.

SIDBI’s Age Restrictions

The minimum and maximum age limits to apply for Specialist Officers and Consultant positions would vary as given in below table. However, the crucial date for determining these age limits are June 21, 2016.

Post Code

Age Limits

03

25 – 35 years

07

21 – 28 years

09

24 – 32 years

10

21 – 28 years

05

35 – 55 years

If the applicant is an SC/ ST/ J&K Domicile candidate or family members of those who died in 1984 riots, he/ she shall get 5 years relaxation in upper age. For OBC candidates, the maximum age is relaxed for 3 years. Ex-Servicemen shall get age relaxation as per bank rules.

Persons with disabilities will get 10 years of age relaxation and if the PWD applicant comes under SC/ ST/ OBC category, he/ she will get additional age relaxation with this as mentioned above (i.e., 13 years for PWD (OBC) and 15 years for PWD (SC / ST)).

Note: Staff candidates applying for this recruitment shall get additional 5 years of age relaxation with above mentioned age concessions.

Selection Process of SIDBI

Individuals applying for Grade ‘A’ vacancies will be selected by the process of Online Examination, Group Discussion and Personal Interview. For Grade ‘B’ positions, Online Examination and Interview are the modes of selection. He / She applied for Consultant position in SIDBI shall be selected by Interview process only.

During Interview process, he/ she can speak either in Hindi/ English. Persons appearing for Interview should submit their original and self attested copies of relevant certificates for verification.

Exam Patterns of Specialist Officer Posts

Candidates applied for Manager Designation in SIDBI will get questions from the topics of Reasoning (40), English Language (30) & General Awareness (30) and Subject Knowledge (50). The first 3 topics are conducted for 60 minutes duration and Subject Knowledge will be conducted for duration of 45 minutes.

But for Manager Position under Economist stream, an additional On-line descriptive test will also be conducted along with the above mentioned questions (in which they have to type on computer) for 45 minutes. The marks allotted for descriptive test is 50.

For Assistant Manager Position, the questions will be from Reasoning (50), English Language (50), Quantitative Aptitude (40), General Awareness (40) and Computer Knowledge (20). The duration of exam is 120 minutes. It is notable that for each wrong answer penalty is applicable.

Remuneration of Specialist Officers and Consultant

Persons selected for Assistant Manager and Private Secretary positions under Grade ‘A’ will receive a salary of Rs.47000/- approximately. For Manager Designations, the approximate monthly salary is Rs.57000/- per month. He / She hired as Consultant shall get a CTC of Rs.22 Lakhs per annum (approx). Other allowance and benefits may be applicable as per rules.

SIDBI’s Fee Payment Mode

Appliers of Specialist Office/ Consultant designations in SIDBI should remit an application fee of Rs.450/- and intimation charges of Rs.50/-. But, the SC/ ST/ PWD aspirants are exempted from paying this application fee. The fee once remitted is non-refundable.

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